The Lithuanian government on Wednesday approved an agreement between the three Baltic countries on the development of the European standard-gauge railway Rail Baltic, which means that all three Baltic countries are ready to sign it on Jan. 31 in Tallinn, reports LETA/BNS.

Rimi Baltic, which operates the network of Rimi supermarkets in the Baltics, is planning to construct of new logistics center, which is expected to create 600 new jobs, spokespersons from Rimi Baltic informed members of the press today.

The long-time and controversial CEO of the Freeport of Riga Leonids Loginovs, whose name has been mentioned in various scandals over the years, has stepped down, Mareks Gailitis, the advisor the port's board chairman Andris Ameriks, informed LETA today.

Gazprom’s gas supplies to Europe and Turkey reached an all-time record in 2016. This might suggest Europe is becoming more dependent on Gazprom, but according to Danila Bochkarev, Senior Fellow at the EastWest Institute, the Russian company gained market share by playing by the rules of the market. The European gas market is finally becoming depoliticized.

EU economy’s future: slow but positive growthGrowth in all EU states will continue in 2019-20, though at a slower pace than before. The largest EU’s economies will grow at around 1,5-1,7%, mostly in Poland, Spain and Holland. The Baltic States’ growth will continue to be on the positive trend.